Services
ACH / Payment
SommaRedde’s proprietary Automated Clearing House (ACH) for Mobile Money operates as a cloud-based platform-as-a-service for transaction processing.
E- Wallet Operators (PSPs) opt into this service utilising either their own Mobile Money Payment System or by adopting ours. We offer APIs for seamless integration into our ACH and are able to assist with integration as needed.
In cases where the Cloud-Platform-as-a-Service is used for closed-loop payment systems, it only operates as a payment clearing service within the closed environment.
The Automated PCH for Mobile Money
SommaRedde PCH for Mobile Money
Participating Clearing House (PCH) – settlement through the local Central Bank
Mobile Money Transaction Processing
Central Bank
Different eWallet Operators/Mobile Money Payment Service Providers (PSP’s)
Some of the different channels:
Mobile money payment system
We provide an enterprise level Mobile Money Payment System which can process millions of concurrent transactions and integrates seamlessly with the ACH.
- Offered on a Cloud-Platform-as-a-Service
- A once-off subscription followed by transaction fees
- Built-in switches to connect to any POS or ATM Network
- Quick integration and deployment – start testing within a week on enterprise level
- Mobile apps available on the app store
- Download, register and start using
- Merchant app for shopkeepers
- Personal app for members of wallets (choose one or more wallets)
Usable on new and old mobile phones
- The Mobile Money Payment System, which is operational in 8 enterprise-level companies in 10 countries since 2011.
- This enterprise-level system boasts robust management capabilities, serving as a comprehensive tool capable of seamlessly managing millions of users with ease.
- It is the primary interface for managing End-User Clients who perform transactions on their Mobile Money accounts.
- It also interfaces seamlessly with the ACH for Mobile Money.
